Washington State Budget And Policy Center
- Assets
- $1.7m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 13
- Location
- Seattle, WA
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 72-1612982
Organization Overview
Washington State Budget And Policy Center is located in Seattle, WA. The organization was established in 2006. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Washington State Budget And Policy Center employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington State Budget And Policy Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Washington State Budget And Policy Center generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CREDIBLE, INDEPENDENT AND ACCESSIBLE INFORMATION AND ANALYSIS OF STATE FISCAL ISSUES (INCLUDING BOTH REVENUE AND SPENDING POLICIES) WITH PARTICULAR ATTENTION TO THE IMPACTS ON LOW AND MODERATE INCOME PERSONS. INFORMED STATE FISCAL AND BUDGET POLICY DEBATES AND CONTRIBUTED TO SOUND DECISIONS THAT IMPROVED THE WELL-BEING OF INDIVIDUALS, COMMUNITIES, AND THE STATE AS A WHOLE. DEVELOPED REALISTIC REFORMS THAT STATE POLICYMAKERS PUT TO WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Misha Werschkul Executive Director | Officer | 40 | $106,088 |
Irene Basloe Saraf Board Treasurer | OfficerTrustee | 1 | $0 |
Suzy Diaz Board Secretary | OfficerTrustee | 1 | $0 |
Jan Harrison Board Vice President | OfficerTrustee | 1 | $0 |
Ankita Patel Board President | OfficerTrustee | 1 | $0 |
Aaron Katz Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,771,960 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,771,960 |
| Total Program Service Revenue | $3,634 |
| Investment income | $272 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,775,866 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,835 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,361 |
| Compensation of current officers, directors, key employees. | $6,941 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $725,181 |
| Pension plan accruals and contributions | $19,807 |
| Other employee benefits | $109,695 |
| Payroll taxes | $67,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,462 |
| Fees for services: Accounting | $34,912 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,362 |
| Information technology | $100,235 |
| Royalties | $0 |
| Occupancy | $51,041 |
| Travel | $1,539 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,855 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,806 |
| All other expenses | $0 |
| Total functional expenses | $1,253,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $331,602 |
| Savings and temporary cash investments | $1,019,596 |
| Pledges and grants receivable | $329,367 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,680,565 |
| Accounts payable and accrued expenses | $100,913 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $399 |
| Total liabilities | $101,312 |
| Net assets without donor restrictions | $663,298 |
| Net assets with donor restrictions | $915,955 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,680,565 |
Grants Awarded
Over the last fiscal year, Washington State Budget And Policy Center has awarded $94,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Austin, TX PURPOSE: PUBLIC WILL INITIATIVE | $70,000 |
Seattle, WA PURPOSE: POVERTY WORK | $24,750 |
Grants Recieved
Over the last fiscal year, we have identified 21 grants that Washington State Budget And Policy Center has recieved totaling $1,100,211.
| Awarding Organization | Amount |
|---|---|
Chestnut Fund Boston, MA PURPOSE: GENERAL OPERATING SUPPORT | $169,000 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; FOR THE BLACK WELLBEING REPORT WORK; GENERAL SUPPORT | $146,000 |
Group Health Foumdaiton Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $102,500 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: General Support | $100,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: WASHINGTON STATE EDUCATION AND HUMAN SERVICE NEEDS | $100,000 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: Poverty to Opportunity Project | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
League Of Oregon Cities Salem, OR | $8,455,795 | $4,085,501 |
Lhaq Temish Foundation Bellingham, WA | $2,898,049 | $2,029,328 |
Portland Mall Management Inc Portland, OR | $602,431 | $2,225,906 |
Washington State Budget And Policy Center Seattle, WA | $1,680,565 | $1,775,866 |
1973 North Rulon White Llc Anchorage, AK | $22,632,215 | $2,089,756 |
Northwest Public Affairs Network Seattle, WA | $315,829 | $431,303 |
Fairbanks Parking Authority Fairbanks, AK | $299,621 | $357,144 |
Old Town Pocatello Inc Executive Director Ms Palagi Pocatello, ID | $183,130 | $0 |
Westside Pal Beaverton, OR | $77,394 | $0 |
St Vincent De Paul Society Of Crook County Inc Prineville, OR | $221,568 | $0 |
Blacks In Government Springfield, OR | $54,188 | $0 |
Kootenai-Shoshone County Farm Coeur D Alene, ID | $565,023 | $125,383 |